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Business, 24.04.2020 21:38 arianasg06

Should a competitive firm ever produce when it is losing money? Why or why not? A. No, the firm should shutdown if it is making an accounting loss. B. Yes, as long as revenue can cover some portion of total variable costs. C. Yes, as long as revenue can cover total variable costs plus any portion of fixed costs. D. No, the firm should shutdown if it is making an economic loss.

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Should a competitive firm ever produce when it is losing money? Why or why not? A. No, the firm shou...
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